March 6, 2020
By Andrea Albright, Senior Vice President, Snacks, Beverages & Impulse
At Walmart, we know we are at our best when we champion diversity and inclusion across our business. Women make up the majority of our associates and the majority of our shoppers, so it makes sense for us to use our strength to support women at all levels of the business.
So what does supporting women look like within the world’s largest retailer? It looks like including women in positions of leadership within the company, including on our board of directors. It looks like providing all associates, including women, with the opportunity to gain training and advance their careers. And it looks like empowering women suppliers to effectively work with us while growing their own business.
Over seven years, Walmart spent nearly $30 billion with women-owned businesses (for merchandising and services combined) through our supplier inclusion program. We’re proud of that number, but we know there is more work to be done as we strive to have our suppliers better reflect the communities we serve.
I want to take a moment to highlight a few business owners whose courage and creativity, along with the support of Walmart, have helped bring innovation to their categories:
Each of these business owners recognized a place in the market where her product could perform, and each was brave enough to step up and claim that space. What might have been intimidating – doing business with the world’s largest retailer – instead served as an opportunity to develop her business with the guidance of a knowledgeable buyer.
By working with Walmart, each of these businesses had an opportunity to grow their business in a sustainable way and make an impact in the communities we serve. It was a win for the supplier because it meant access to the millions of customers who shop our stores and our website each week. It was a win for Walmart because it increased the innovation in our assortment. And of course, it was a win for customers because working together, we were able to deliver exciting and delicious new items that they love.